Future Bright provides financial planning, portfolio management for individuals and small businesses, and portfolio management for institutions.
Future Bright reports 401 clients. They include 388 individual clients, 8 high-net-worth individuals, and 5 pension and profit-sharing plans. Of its assets, 100.0% ($121M across 719 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 97% | 47% |
| High-net-worth individuals | 2% | 14% |
| Pension and profit-sharing plans | 1% | 39% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 388 | $56.5M | 46.8% | $146K |
| High-net-worth individuals | 8 | $16.7M | 13.9% | $2.09M |
| Pension and profit-sharing plans | 5 | $47.4M | 39.3% | $9.48M |
| Total | 401 | $121M | 100% | $301K |
- Clients
- 388
- Regulatory AUM
- $56.5M
- AUM share
- 46.8%
- Avg. per client
- $146K
- Clients
- 8
- Regulatory AUM
- $16.7M
- AUM share
- 13.9%
- Avg. per client
- $2.09M
- Clients
- 5
- Regulatory AUM
- $47.4M
- AUM share
- 39.3%
- Avg. per client
- $9.48M
Total
- Clients
- 401
- Regulatory AUM
- $121M
- AUM share
- 100%
- Avg. per client
- $301K
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 0
Future Bright charges 0.75%–1.25% a year for its Asset management (clients from February 1, 2022). The fee is billed in advance and is negotiable. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- ERISA plan services
- Plan asset management is billed annually at 0.50% of Included Assets up to $3,000,000, 0.35% to $5,000,000 and 0.25% above, in quarterly installments.
Ross Almlie owns 25% to 50% of Future Bright. The leadership team of Future Bright includes Chief Compliance Officer Ross Almlie. It has 4 employees, 3 of them in advisory roles.
Staff
- 4 employees
- 3 in advisory functions
- 4 state-registered reps
- 1 insurance agent
- Owns 25% to 50% of Future Bright, LLC
Ross Almlie
Control person · since March 2015
- Owns 25% to 50% of Future Bright, LLC
Shannon Burnell
since September 2015
- Owns 25% to 50% of Future Bright, LLC
Matthew Johnson
Control person · since January 2019
- Owns 25% to 50% of Future Bright, LLC
Scott Sanders
since July 2019
Besides its headquarters, Future Bright has 2 offices (1 private residence, listed without an address), with 2 listed addresses in 1 state.
Minnesota · 1 listed address
- 1271 Highway 10 West, Detroit Lakes
Choose a state to see its listed addresses.
Contact and registration details
- Legal name
- Future Bright, LLC
- Headquarters
- Not reported
- Website
- futurebright4u.com
- Phone
- 701-306-7631
- @futurebrightllc
- SEC file
- 801-136691
- Structure
- Minnesota LLC
- Fiscal year end
- December
Future Bright’s named custodians for separately managed accounts are Charles Schwab ($73.2M, 66%), Adp Retirement Plan Services ($22.7M, 21%) and Mid Atlantic Trust ($14.2M, 13%). Future Bright does not have custody of client assets.
- Adp Retirement Plan ServicesAdp Retirement Plan Services · Florham Park, NJ · $22.7M21%
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $73.2M66%
- Mid Atlantic TrustMid Atlantic Trust Company · Pittsburgh, PA · $14.2M13%
At year end, Future Bright’s separately managed accounts were mostly in funds (71%) and stocks (20%).
What the accounts hold
- Stocks20%
- Funds71%
- Registered funds69%
- Pooled vehicles2%
- Bonds3%
- Investment grade corporate bonds2%
- U.S. government and agency bonds1%
- Cash6%
How many clients does Future Bright have?
Future Bright has 401 clients and manages $121 million for them, as of September 2026. They include 388 individual clients, 8 high-net-worth individuals, and 5 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 4 September 2026
What services does Future Bright offer?
Future Bright provides financial planning, portfolio management for individuals and small businesses, and portfolio management for institutions.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Future Bright charge?
Future Bright charges 0.75%–1.25% a year for its Asset management (clients from February 1, 2022). The fee is billed in advance and is negotiable.
Source: FUTURE BRIGHT LLC FORM ADV PART 2A & 2B, filed 4 September 2026
Which custodians does Future Bright use?
Future Bright’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $73.2M, Adp Retirement Plan Services (Florham Park, NJ), with $22.7M and Mid Atlantic Trust Company (Pittsburgh, PA), with $14.2M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 4 September 2026
How many financial advisors does Future Bright have?
Future Bright has 4 investment adviser representatives registered with state securities authorities, out of 4 employees, and 3 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 1 employee is a licensed insurance agent.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Future Bright invest in?
At the end of its last fiscal year, Future Bright’s separately managed accounts held 69% registered funds (mutual funds, ETFs, BDCs), 20% exchange-traded equities, 6% cash and equivalents, 2% investment grade corporate bonds, 2% pooled vehicles (private funds and similar) and 1% U.S. government and agency bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Future Bright?
Future Bright’s direct owners are Ross Almlie, Shannon Burnell, Matthew Johnson and Scott Sanders, each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 4 September 2026
How does Future Bright get paid?
Future Bright is paid through a percentage of assets under management. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Future Bright?
Its phone number is 701-306-7631. Its website is futurebright4u.com.